HG BYG TIMRING ApS — Credit Rating and Financial Key Figures

HG BYG TIMRING ApS (CVR number: 33058047) is a company from HERNING. The company recorded a gross profit of 974 kDKK in 2021. The operating profit was 153.2 kDKK, while net earnings were 110.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.9 %, which can be considered good and Return on Equity (ROE) was 9.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 91.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HG BYG TIMRING ApS's liquidity measured by quick ratio was 11.8 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.